My da|ra Login

Detailed view

metadata language: English

The Welfare Impact Of Collusion Under Various Industry Characteristics: A Panel Examination Of Efficient Cartel Theory

Resource Type
Dataset : administrative records data, census/enumeration data, observational data
  • Taylor, Jason (Central Michigan University)
Other Title
  • Archival Version (Subtitle)
Publication Date
Funding Reference
  • National Science Foundation
Free Keywords
cartel; economic history; economic sectors; economics; historical data; industry; National Industrial Recovery Act (1933-USA)
  • Abstract

    This collection focuses on the welfare impact of collusion under various industry characteristics. The data were assembled using publically available administrative records data, census/enumeration data and observational data from the industry level. Industries represented in this collection include asphalt, auto parts, brick, iron, paper-pulp, and rubber industries, as well as those dealing in other types of products and raw materials.
  • Abstract

    This research aimed to examine cartel performance in the United States under the National Industrial Recovery Act of 1933. Additionally, two distinct "efficient cartel" hypotheses were tested that claim inter-firm coordination can increase economic efficiency in industries with a large degree of avoidable fixed costs and/or variable output.
  • Abstract

    A monthly panel of data for 66 cartelized industries was used to perform a broad empirical test of the dynamics of the efficient-cartel thesis. Additionally, a 'second stage' regression was employed, which used estimated parameters from the first stage as dependent variables, to examine whether those industries that faced higher fixed costs and uncertainty of demand had significantly different welfare effect outcomes under collusion.
  • Methods

    ICPSR data undergo a confidentiality review and are altered when necessary to limit the risk of disclosure. ICPSR also routinely creates ready-to-go data files along with setups in the major statistical software formats as well as standard codebooks to accompany the data. In addition to these procedures, ICPSR performed the following processing steps for this data collection: Checked for undocumented or out-of-range codes..
  • Table of Contents


    • DS0: Study-Level Files
    • DS1: Panel Data
    • DS2: Cross-Section Raw Data
Temporal Coverage
  • 1927-01 / 1937-12
    Time period: 1927-01--1937-12
  • 1927-01 / 1937-12
    Collection date: 1927-01--1937-12
Geographic Coverage
  • United States
Sampled Universe
Various industry cartels within the United States in the 1920s and 1930s. Smallest Geographic Unit: none
Collection Mode
  • This collection has been minimally processed; data appear as they were received from the principal investigator. No additional information was provided. Therefore, ICPSR cannot confirm what each of the variables measure.

Funding insitution(s): National Science Foundation (0718380).
This version of the study is no longer available on the web. If you need to acquire this version of the data, you have to contact ICPSR User Support (
Alternative Identifiers
  • 34351 (Type: ICPSR Study Number)
  • Is previous version of
    DOI: 10.3886/ICPSR34351.v1

Update Metadata: 2015-08-05 | Issue Number: 6 | Registration Date: 2015-06-16

Taylor, Jason (2013): The Welfare Impact Of Collusion Under Various Industry Characteristics: A Panel Examination Of Efficient Cartel Theory. Archival Version. Version: v0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset.